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MapOffers over
£500,000Mixed use for sale
277 Main Road, Sidcup, Kent
Mixed use
Key information
Features and description
- Freehold mixed-use investment in Sidcup for sale
- Comprises commercial unit and 3-bedroom flat
- Opportunity for vacant possession
- Producing £33,930 per annum
- 0.9 miles from Sidcup & New Eltham stations
- Offers in excess of £500,000
This three-storey, mixed use freehold building, comprises a ground floor commercial unit and a self-contained three-bedroom flat in the upper parts. The property is currently fully let, generating £33,930pa, however through active management there is potential to increase the rent, with yearly rent increases of 5% agreed on the commercial unit and the possibility of an increase on the residential rents.
The commercial unit is let on a licence of 5 years from 1st April 2023 starting at £12,600 per annum with annual increases of 5%. The current rent is now at £13,230 as of 1st April 2025. The license is subject to three months' notice from both the tenant and the landlord.
The residential part comprises a three-bedroom flat currently let on an AST until 31st December 2025. The current rent payable is £1,725 per calendar month.
Copies of the AST and license agreement are available upon request
The commercial unit is let on a licence of 5 years from 1st April 2023 starting at £12,600 per annum with annual increases of 5%. The current rent is now at £13,230 as of 1st April 2025. The license is subject to three months' notice from both the tenant and the landlord.
The residential part comprises a three-bedroom flat currently let on an AST until 31st December 2025. The current rent payable is £1,725 per calendar month.
Copies of the AST and license agreement are available upon request
Property information from this agent
About this agent
As one of London and Kent's most successful property companies with 35 years experience and 40 offices, we strive to deliver a service that is unparalleled by our competitors. Our team appreciate that your home is likely to be your most treasured asset. Therefore whether we are selling, letting or assisting in a purchase, our priority is to ensure each client is treated with care and consideration.